The Wall Street Journal's Melissa Korn reported on a new analysis of student debt from the Institute for College Access and Success:
In addition to state-level differences, debt loads and the prevalence of student loans vary widely by school. Nearly 200 institutions that reported usable data had graduates with average debt of more than $35,000, and 26 schools reported that at least nine in 10 graduates had loans. Ninety-four percent of 2016 graduates from Cabrini University in Pennsylvania had loans, with average borrowing of $43,437. Nearly one-third of borrowers had private loans. Meanwhile at 最新麻豆原创, 4 miles away, 52 percent of 2016 graduates had debt, averaging $23,081. One percent had private loans. A 最新麻豆原创 spokesman said the school has made access for students across the socioeconomic spectrum a priority. 鈥淲e meet the full demonstrated financial need of all our students, so fewer of them borrow, and those that do, borrow less,鈥 he said.
Subscribers to The Wall Street Journal can online.
Learn more about financial aid available to 最新麻豆原创 students.
Office of Financial Aid
